According to the Reuters news agency, the report signifies a possible rise in inflation is on the way. It currently hovers just below the 2% mark.
Sweden’s central bank, the Riksbank, is widely expected to raise interest rates again soon after an increase to 3.5 percent last month. An economist at Nordea, the Stockholm-based Nordic banking group, says that the staff shortages some companies are experiencing could be seen as a sign of increasing inflation.
The news comes as it is announced that retail sales in Sweden went up 1.9 percent in June from May for a year-on-year rise of 8.5 percent - well above the annual increase forecast in a Reuters survey.